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Today — 23 July 2026Cryptonews

Farage, Harborne and the £5M Gift: How UK Crypto Money Reshaped Reform

23 July 2026 at 10:16

In UK crypto news today, Christopher Harborne, a stakeholder in Tether and Bitfinex, has become the subject of dual regulatory scrutiny in the UK after directing roughly £30M into British politics, including an undeclared £5M personal gift to Nigel Farage ahead of the 2024 general election, making him the largest single donor in UK political history.

Both the Parliamentary Commissioner for Standards and the Electoral Commission have opened formal investigations, while a separate referral accuses Farage of using his parliamentary platform to lobby against a digital pound that would compete directly with Harborne’s crypto interests.

'How much of the money have you spent?'

Reform UK leader Nigel Farage told #BBCBreakfast 'I've done nothing wrong' when questioned about a £5m gift from billionaire Reform backer Christopher Harborne https://t.co/EzwCYcHHh8 pic.twitter.com/aPZ9VVNzEB

— BBC Breakfast (@BBCBreakfast) June 23, 2026

The £5M gift, received before Farage entered Parliament and not declared as required under Rule 5 of the MPs’ Code of Conduct, sits on top of more than £25M Harborne has donated directly to Reform UK and its predecessors since 2019, according to Al Jazeera’s reporting. Those donations account for roughly two-thirds of all funding Reform UK has received since its founding.

Farage has described the £5M as an unconditional, non-political personal gift – needed, he says, to fund lifetime security – and denies any case to answer. He resigned his parliamentary seat on July 7, 2026, framing the resulting Clacton by-election as himself against “the establishment.”

UK Crypto News: The Britcoin Conflict of Interest

SOURCE: TradingView

The more structurally significant allegation sits at the intersection of crypto lobbying and central bank policy. Farage used a September 2025 meeting with Bank of England Governor Andrew Bailey to push back against plans for a retail CBDC, a Britcoin, that would compete directly with privately issued stablecoins like Tether.

The Bank of England confirmed to Al Jazeera that no final decision on the digital pound has been taken. For traders tracking stablecoin regulation, that decision remains one of the more consequential pending policy calls in the UK market.

Labour MP Phil Brickell, chair of the APPG on Anti-Corruption and Responsible Tax, made a formal referral to the standards commissioner in July 2026 on those grounds. Harborne’s financial exposure to Tether’s competitive position against any state-backed digital currency is direct.

Reporting places his economic interest in Tether at approximately 12%, with the stablecoin issuer generating around $10Bn in annual profit on roughly $184Bn in USDT in circulation.

The ideological alignment between Farage, Reform, and crypto-industry backers like Harborne is not coincidental, according to analysts. Frances Coppola, an economist quoted by Al Jazeera, described the political underpinnings of crypto as “essentially anarcho-capitalism”, a rejection of centralized banking and democratic oversight of monetary systems.

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Electoral Damage Already Registering

🚩 Documented red flags on Nigel Farage promoting crypto at UK #UKCPAC:

Heavy dependence on crypto billionaire funding: Reform UK's largest donor, Christopher Harborne (major Tether shareholder), gave millions to the party (including a record £9m+ donation) and a previously… https://t.co/2TF5cc7cvC

— GET A GRIP (@docrussjackson) July 17, 2026

In other UK crypto news, Sam Power, a political financing and electoral regulation expert at the University of Bristol, told Al Jazeera that Farage and Reform are “in a significant amount of trouble.”

The Harborne donation scandal hurt Reform in the Makerfield by-election, where their candidate lost to new Prime Minister Andy Burnham. Power’s read: Reform’s core 20% of the British vote is sticky, but the additional 10% the party needs to win a general election “is already melting away.”

The Tether association compounds the reputational risk. A 2024 UN Office on Drugs and Crime report concluded that Tether was the “preferred choice for crypto money launderers” in Southeast Asia, and the stablecoin has been linked to human trafficking operations in Cambodia and large-scale fraud, allegations Tether disputes.

David Gerard, author of the Pivot to AI blog, told Al Jazeera that Tether remains the infrastructure of choice for fraud networks: “If you look at human trafficking in places like Cambodia, it’s Tether that those carrying it out are relying upon.”

The pattern of crypto political donations shaping policy is not confined to the UK, ethics provisions in US crypto legislation are facing similar pressure from industry-aligned political money, and conflicts of interest between crypto funding and policy-making have drawn DOJ scrutiny in Washington.

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The post Farage, Harborne and the £5M Gift: How UK Crypto Money Reshaped Reform appeared first on Cryptonews.

Before yesterdayCryptonews

Crypto News, July 16: All Eyes on Tomorrow’s Clarity Act Hearing as Bitcoin and Ethereum Hold Key Price Levels

16 July 2026 at 05:07

South Korea jolted financial markets with an unexpected interest rate hike, sending local stocks sharply lower and even briefly halting trading. Crypto, however, reacted differently. We shifted our focus to tomorrow’s Clarity Act hearing in Congress, while Bitcoin price hovers near recent highs and Ethereum continues to hold above a key support zone.

The House Financial Services Committee will meet on July 17 for a hearing titled “Building the Future of Finance: How the Clarity Act Unlocks Innovation.” With Congress set to begin its summer recess soon after, many in the industry see the discussion as one of the last meaningful chances to move crypto legislation before lawmakers leave Washington.

BREAKING: 🇺🇸 Tomorrow could decide the ENTIRE future of crypto in the United States.

The House is holding a field hearing on the CLARITY Act:

"Building the Future of Finance: How the CLARITY Act Unlocks Innovation."

Turn on notifications for updates. pic.twitter.com/yjzDSnGUYC

— Crypto Rover (@cryptorover) July 16, 2026

These all explain the current market’s mood. Macro headlines still drive expectations, but they are no longer the only force steering digital assets. This week, the conversation has narrowed around one question. If the Clarity Act can bring enough regulatory certainty to keep institutional money flowing into the sector.

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Bitcoin Price Holds Firm as Clarity Act Gets Closer

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Bitcoin price spent Thursday hovering between $64,500 and $65,000, extending a recovery that has carried it to its highest level in about three weeks. After several months of choppy trading, the market finally looks willing to defend higher ground instead of selling at every rally.

Institutional demand remains part of that story, with BlackRock adding another $139 million worth of Bitcoin to its holdings, while the iShares Bitcoin Trust now custodies more than 733,000 BTC. Larry Fink also struck an optimistic tone this week, saying the current price of Bitcoin appears more stable than before and expressing confidence in financial markets over the next year.

BlackRock CEO Larry Fink: “There was too much leverage in #crypto. That’s why we had the wash out. There is more stability at these levels.” pic.twitter.com/MvLxVk2z6m

— Altcoin Daily (@AltcoinDaily) July 15, 2026

Although traders remain cautious, analysts note Bitcoin is approaching the short-term holder realized price, an area that has historically produced resistance as newer investors exit at break-even. At the same time, those levels have often marked the beginning of longer accumulation phases rather than the end of a recovery.

Another signal arrived from a wallet that had been inactive for eight years. About as much as 5,908 BTC, valued near $383 million, moved to a fresh address without touching an exchange. The transfer did little to disturb sentiment, showing that the market viewed it as a reshuffle instead of a liquidation. For now, Bitcoin price remains steady, with tomorrow’s Clarity Act hearing likely to set the next tone.

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Ethereum Price Builds on Improving Momentum

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Ethereum is trading around the $1,900 price mark after reclaiming an important resistance level and triggering more than $30 million in short liquidations. The move was not explosive, but it continued a steady improvement that has quietly placed Ethereum among the stronger large-cap performers this week. And yes, the Ethereum price has been outperforming Bitcoin with a more than 17% jump in the ETH/BTC ratio.

Investor appetite is also beginning to recover. Spot Ethereum ETFs recorded $84 million in net inflows during the week ending July 11, breaking an eight-week streak of withdrawals. That turnaround has helped stabilize sentiment, while BlackRock’s ETHA has contributed to several of the strongest daily inflows. As a result, the price of Ethereum is once again finding support from institutional investors.

Away from the ETF market, development across the network continues. Robinhood Chain, an Arbitrum-based Layer 2, is attracting activity through tokenized assets, AI applications, and NFT projects, all of which rely on ETH for transaction fees. Growing usage may not move markets overnight, but it steadily strengthens the network beneath the surface.

The next catalyst now sits in Washington. A constructive outcome from the Clarity Act hearing could reinforce confidence, just as ETF flows improve and the Bitcoin price remains resilient. If that happens, we can, once again, believe that the Ethereum price has a realistic chance of reclaiming $2,000 in the weeks ahead.

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The post Crypto News, July 16: All Eyes on Tomorrow’s Clarity Act Hearing as Bitcoin and Ethereum Hold Key Price Levels appeared first on Cryptonews.

Crypto News, July 15: Bitcoin and Ethereum Price Jump on Softer CPI and Japan Bitcoin ETF

15 July 2026 at 05:14

Bitcoin and Ethereum price climbed after cooler-than-expected U.S. inflation data improved market sentiment. Just hours after, a Japan Bitcoin ETF bill cleared a major committee in the country’s Upper House, raising expectations that spot Bitcoin exchange traded funds could eventually reach Japanese investors. The combination of easing inflation and friendlier regulation gave crypto traders another reason to stay bullish.

Japan’s proposal would classify cryptocurrencies as financial instruments under the Financial Instruments and Exchange Act while lowering crypto taxes to a flat 20%. If passed into law, the framework could allow spot Bitcoin ETFs to launch on the Tokyo Stock Exchange by 2027.

Elsewhere, South Korea advanced plans recognizing virtual assets within national asset rules, while policymakers in India, Europe, and the United States continued debating crypto regulation.

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Japan Bitcoin ETF Sparks Fresh Price Optimism

The Japan Bitcoin ETF proposal has quickly become the day’s biggest story. After years of cautious regulation, lawmakers are now considering a framework that brings digital assets closer to traditional financial markets. Lower taxes and the prospect of regulated investment products could attract both institutional and retail capital once the legislation clears the remaining stages.

🇯🇵BREAKING: Japan advances landmark bill to legalize Bitcoin ETFs.

Japan’s Upper House committee has approved legislation to reclassify bitcoin and other cryptocurrencies as financial instruments, paving the way for spot crypto ETFs as early as 2027.

The proposal would also… pic.twitter.com/VzTbAUcBBm

— Coin Bureau (@coinbureau) July 15, 2026

Outside Japan, governments are moving at different speeds. India’s Finance Ministry is pushing regulators to strengthen oversight without appearing to endorse cryptocurrencies.

Meanwhile, a joint U.S.-U.K. task force called for greater stablecoin innovation, and banks continue to discuss amendments to the CLARITY Act before lawmakers meet later this week. Europe is also pressing ahead with its Digital Euro pilot.

Markets welcomed the shifting backdrop as Bitcoin price briefly touched above $65,000 before easing back toward the mid $64,000 range. Even so, the move marked a clear breakout from nearly two weeks of muted trading. Softer inflation figures encouraged investors to rotate back into risk assets after fears of additional Federal Reserve tightening faded.

Japan Bitcoin ETF bill changes crypto as Bitcoin and Ethereum price jump, while world governments scramble to keep up with regulation.
Bitcoin ETF Flow, Coinglass

Institutional demand also improved. U.S. spot Bitcoin ETFs recorded $181 million in net inflows after heavy outflows, with BlackRock accounting for the largest share. On-chain data also points to continued accumulation by large holders, suggesting long-term investors remain confident despite recent volatility. Together, stronger ETF demand and the Japan Bitcoin ETF narrative helped keep the Bitcoin price supported.

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Ethereum Price Outpaces BTC as ETF Flows Improve

While Bitcoin grabbed the headlines, Ethereum quietly outperformed Bitcoin price. Ethereum recovered faster than Bitcoin and strengthened against BTC, signaling improving momentum after several weeks of weakness. Traders pointed to a healthier ETH/BTC ratio as evidence that buyers are becoming more confident.

Fresh institutional flows reinforced that view. U.S. spot Ethereum ETFs posted about $58 million in net inflows, reversing the mixed trend seen earlier this month. Morgan Stanley also updated filings tied to proposed Ethereum and Solana ETFs, naming Coinbase as custodian and staking provider. Those developments added to growing confidence around regulated crypto investment products.

The Ethereum price continued pushing toward the $1,900 level after reclaiming important technical support. Analysts say maintaining momentum above recent breakout levels could open the door to another test of psychological resistance near $2,000. At the same time, steady ETF demand remains an important tailwind.

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Looking ahead, traders will closely watch incoming U.S. economic data alongside political developments in Japan and Washington. The Japan Bitcoin ETF proposal still faces additional legislative steps, yet it already marks one of the strongest pro-crypto signals from a major economy this year. If institutional inflows continue and macro conditions remain favorable, both Bitcoin and Ethereum price could have room to extend their gains.

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The post Crypto News, July 15: Bitcoin and Ethereum Price Jump on Softer CPI and Japan Bitcoin ETF appeared first on Cryptonews.

June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms

14 July 2026 at 09:24

June CPI fell a seasonally adjusted 0.4% month-over-month, the steepest monthly drop since April 2020, pulling the annual inflation rate to 3.5% against a Dow Jones consensus of 3.8%, and Bitcoin responded with an immediate push higher after the print. The data beat is real.

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The energy index slumped 5.7% in June, with gasoline and fuel oil both falling more than 9%, accounting for the bulk of the monthly swing. Strip that out, and the picture is considerably less clean: core CPI, which excludes food and energy, printed flat on the month at a 2.6% annual rate versus a 2.9% forecast. Services ex-energy were flat; shelter rose 0.1%; transportation services declined 0.3%.

The distinction is directly relevant to Federal Reserve policy because policymakers target core and services inflation as the longer-run signal. A gasoline-driven headline miss does not move that needle, and the market’s own rate pricing reflects that.

As of now, the Fed is widely expected to hold at its July 28–29 FOMC meeting and then deliver a 25 basis point hike in September, keeping the overnight rate at 3.5%–3.75% for now before moving it higher.

🚨 BREAKING:

🇺🇸 ODDS OF AN INTEREST RATE HIKE JUST DROPPED TO 16%

AFTER THE CPI INFLATION DATA RELEASE RATES WILL LIKELY REMAIN UNCHANGED

THIS IS EXTREMELY BULLISH FOR MARKETS!! https://t.co/4gc1fCUq8w pic.twitter.com/T2vbN6xmi0

— ᴛʀᴀᴄᴇʀ (@DeFiTracer) July 14, 2026

That tone reinforces what the rate market is already pricing. The interest rates path remains higher-for-longer until core and services data show a convincing trend, not a one-month energy artifact.

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CPI Positioning and the Bitcoin ETF Flow Backdrop

🇺🇸U.S. CPI COMES IN LOWER THAN EXPECTED

CPI YoY 3.5 % vs Exp. 3.8% | Prior. 4.2%
Core CPI YoY 2.6 % vs Exp. 2.8% | Prior. 2.9%

Softer inflation could revive rate-cut bets, weaken yields and the dollar, and support stocks and Bitcoin. pic.twitter.com/SPfR3gi2nn

— Coin Bureau (@coinbureau) July 14, 2026

Bitcoin entered Tuesday’s print with strong recent momentum, with traders watching whether inflation data could shift the Fed’s path quickly enough to keep risk appetite intact.

Bitcoin and crypto market commentary ahead of the CPI release pointed to ETF-flow and on-chain developments as supportive backdrops for the move. Pre-CPI analysis also suggested that bullish positioning could be vulnerable if macro expectations changed.

The caution flag comes from the derivatives view: positioning can unwind quickly when macro expectations reprice, even if the headline print looks constructive for crypto in the moment.

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Key Levels and the Forward Case for Bulls and Bears

Traders are focused on nearby resistance around $64,000, while technical desks are watching a sequence of higher targets if momentum holds after the CPI-driven pop.

On the downside, $62,000 is a key reference point for risk. Below that, traders expect attention to shift to prior supports, including around $60,000. Altcoins have their own closely watched levels as well, with ETH’s recent resistance area around $1,800 in focus after the June selloff.

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Thomas Perfumo, chief economist at Kraken, framed the macro read accurately:

“Today’s print, read carefully, is more a reason for cautious optimism than alarm,” adding that “a broader inflationary impulse is shrinking.” Forward scenario he described, inflation continuing to decelerate in the second half of 2026, preserving “policy optionality for central banks” is the bull case for risk assets.

But that scenario requires several more months of data confirming the trend. Exchange reserve data and on-chain metrics support the structural setup, but a single energy-driven CPI print does not resolve the Fed’s September calculus.

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The post June CPI Beat Sparks Bitcoin Surge, but the Fed’s September Hike Looms appeared first on Cryptonews.

Crypto News, July 14: Telegram Registry Down, Bitcoin and Ethereum Price Eye Iran War Resolution

14 July 2026 at 05:07

Telegram users woke up to broken t.me links after the platform’s short domain became unreachable, disrupting invites, public channels, and bot links across the web. At the same time, the Bitcoin and Ethereum price remains under pressure as we all wait for cooling signs on tensions between the US and Iran. Together, the outage and geopolitical uncertainty are being disruptive to crypto markets.

JUST IN: Trump has told Congress the US is in a "new war" with Iran, starting a new 60-day war clock, per Politico.

The Iran War is officially back. pic.twitter.com/Frwmm13rvT

— Coin Bureau (@coinbureau) July 14, 2026

The problem centered on Telegram’s t.me domain after it entered serverHold status, preventing DNS resolution for web links. As of now, users trying to open channel invites or bot pages were met with browser errors, although the Telegram app continued working normally through direct connections.

It is reported that users can still search for channels inside the app or use full telegram.org links where available. However, so far, only Pavel Durov has asked for the registry to look into this, and neither Telegram nor the domain registry has explained the issue.

Hey @domainME, https://t.co/9z6UC2o37U links stopped working. Can you look into it? 🙏

— Pavel Durov (@durov) July 14, 2026

The disruption landed at an awkward time for crypto communities. Telegram remains the primary communication hub for many token launches, trading groups, and project announcements. When those links disappear, onboarding slows, announcements become harder to share, and community activity loses momentum. This added another layer of caution as investors already reacted to geopolitical headlines.

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Bitcoin price waits for Iran developments while markets stay defensive

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Bitcoin price hovers around $62,500 after swinging between $61,800 and $63,200 since last night. Price action has been volatile as investors monitored reports surrounding the conflict between the US and Iran, with traditional markets also shifting into a defensive stance.

Risk assets weakened after fresh military developments fueled uncertainty across global markets. Oil prices climbed, the US dollar strengthened, and traders reduced exposure to higher-risk assets. The Bitcoin price briefly recovered during the session but struggled to build momentum as investors waited for clearer signals.

Markets also face another important test with the upcoming US inflation data. The results could reshape expectations for Federal Reserve policy and influence short-term demand for crypto. All while the US government transferred about $288 million in seized Bitcoin and Ether to Coinbase Prime, a routine move that still drew attention for its size.

Bitcoin and Ethereum price stay volatile as Telegram suffers a domain outage, adding fresh uncertainty to an already nervous crypto market.

Corporate positioning also remains in focus. Strategy has paused additional Bitcoin purchases while building a $3 billion cash reserve, giving the company flexibility if market conditions deteriorate further.

For now, the Bitcoin price continues to track both macroeconomic developments and headlines from the Middle East, leaving traders cautious ahead of the next major catalysts.

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Ethereum price shows resilience despite Telegram disruption

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Ethereum price is cooling at $1,780, holding inside a relatively narrow range between $1,750 and $1,790. While market sentiment remained cautious, the Ethereum price showed slightly better stability than Bitcoin price during the latest round of volatility.

Part of that resilience comes from continued institutional interest. BitMine has expanded its Ethereum treasury to roughly 5.77 million ETH, while Robinhood Layer 2 network continues attracting activity using ETH as its native gas token. These developments support long-term demand even as short-term sentiment remains fragile.

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The post Crypto News, July 14: Telegram Registry Down, Bitcoin and Ethereum Price Eye Iran War Resolution appeared first on Cryptonews.

Binance Futures Surge 80% in June as Spot Markets Hit Two-Year Low

13 July 2026 at 10:28

Binance reportedly saw a significant increase in futures trading volume last month, with figures suggesting an 80% jump from May’s volume and marking a high point for the year. This increase occurred while crypto spot markets were running at their weakest pace in two years.

CryptoQuant analyst commentary noted the surge arrives while Bitcoin’s price remains relatively stable, and a significant share of the market views conditions as bearish. The sharp monthly jump in futures volume compared to a stagnant spot market indicates a deliberate shift in trader positioning.

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Binance Futures Pulls Away From OKX and Bybit

The June futures figures positioned Binance ahead of its closest derivatives competitors. OKX and Bybit both reported increases in futures volume from May to June, but neither matched Binance’s growth or scale. Binance’s futures volume notably exceeded those of OKX and Bybit, according to data.

The last time these exchanges approached similar volume levels was in early 2026. June marked a return to, and in Binance’s case a surpassing of, that benchmark. However, the centralized exchange (CEX) futures market remained under pressure across the full second quarter.

Binance’s June futures volume increase came against a deteriorating quarterly backdrop. Total CEX futures volume across the market declined in Q2 2026 compared to Q1, marking a continued downtrend. The pace of decline slowed relative to earlier quarters, but the downward direction persisted

Spot markets faced deeper challenges. CEX spot volume dropped to a two-year low in Q2, with Binance remaining the largest spot venue but experiencing a slight decrease in market share. Binance maintained a steady share of the futures market for the quarter.

The gap between futures and spot markets underscores a structural shift in trading behavior. Derivatives-driven price action has characterized much of the 2026 market, with leverage washouts, basis trades, and hedging activity running hot while directional spot buying stalls. The June Binance data fits and amplifies this pattern.

What remains unclear is whether the futures surge reflects genuine directional conviction or primarily hedging and arbitrage flows-strategies that generate volume without necessarily indicating bullish or bearish bets. This distinction is crucial for interpreting the implications of the volume spike.

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MiCA Transition: Early July Data Suggests No Disruption

Binance’s futures volume surge occurred just before Europe’s Markets in Crypto-Assets (MiCA) regulatory framework entered a new enforcement phase on July 1. Binance withdrew its application for a Greek license in late June, raising questions about European market access and potential impacts on derivatives volumes.

Early data from July suggests the regulatory transition has not materially disrupted Binance’s futures activity. Binance recorded substantial futures volume in the first 10 days of July, indicating continued trading momentum. However, the limited data period means future regulatory actions could still affect volumes.

The MiCA transition is significant as Europe is considered an important market for derivatives volumes on major centralized exchanges. Market patterns in July will clarify the extent to which June’s volume reflected front-running of regulatory deadlines versus durable shifts in demand.

In summary, Binance’s June volume increase is a notable data point signaling concentration of trading activity in derivatives on dominant venues amidst weaker spot volumes. Whether this concentration persists into the third quarter and how MiCA affects European-sourced volume will become clearer with forthcoming data.

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The post Binance Futures Surge 80% in June as Spot Markets Hit Two-Year Low appeared first on Cryptonews.

Crypto News, July 13: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

13 July 2026 at 04:08

The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into memecoins as investors chase higher returns on Robinhood chain. Bitcoin, Ethereum, and the CLARITY Act are now driving price sentiment, with lawmakers expected to unveil an updated version of the bill next week.

Japan added to the optimism during WebX 2026. Prime Minister Sanae Takaichi pledged stronger backing for Web3 through funding and friendlier policies. Fundstrat’s Tom Lee also grabbed headlines after calling Ethereum the settlement layer for the AI economy, a view that continues attracting institutional attention.

🇯🇵 HUGE: JAPAN PM SANAE TAKAICHI REAFFIRMS SUPPORT FOR STARTUPS AND WEB3 AT WEBX 2026

In a video address at WebX 2026, Japanese Prime Minister Sanae Takaichi pledged to strengthen support for Web3 startups through increased funding from government-backed institutions and further… pic.twitter.com/N9vMDTUKK2

— Coin Bureau (@coinbureau) July 13, 2026

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CLARITY Act Progress Lifts Bitcoin Price Sentiment

The CLARITY Act could reach Congress as early as July 17, giving the crypto industry one of its biggest regulatory moments in years. Supporters believe the proposal will finally define which digital assets fall under securities laws and which qualify as commodities. If passed, the CLARITY Act could remove one of the biggest crypto obstacles.

Nevertheless, the Bitcoin price slipped below $63,000 over the weekend amid geopolitical tensions that rattled markets. The drop triggered more than $14 million in long liquidations, yet buyers quickly stepped in before losses snowballed. By Sunday, Bitcoin had settled back into the $63,000 to $64,000 range.

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Fresh demand is also showing up elsewhere, with the Coinbase Premium Index climbing back toward neutral after spending 55 straight days in negative territory, showing U.S. buyers are becoming more active again. Not just that, spot Bitcoin ETFs also recorded net inflows after nine weeks of withdrawals, giving bulls another reason for confidence.

As of today, however, Fidelity’s Jurrien Timmer still expects one more shakeout before the next rally, with $60K acts as the bottom. Michael Saylor also fueled speculation of another purchase after sharing his latest Bitcoin tracker update. Another orange dot from him might come soon, as usual.

As for Bitcoin, it too may be in an accumulation zone (in my view). At $60k it’s getting ever closer to its power law support line. pic.twitter.com/M3T3rDGFMx

— Jurrien Timmer (@TimmerFidelity) July 10, 2026

Another talking point is BIP 110, a proposal that would limit arbitrary data stored in Bitcoin transactions. Critics, including Adam Back and Michael Saylor, argue the change could split the community without solving a meaningful problem. So far, traders have shown little concern as attention stays fixed on the CLARITY Act.

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Ethereum Price Draws Institutional Attention

Ethereum price has been moving in a tight range around $1,800 despite a quieter weekend across the crypto market. Price action has slowed, but institutional interest has not.

Speaking at WebX 2026, Tom Lee described Ethereum as the foundation for the coming AI economy. He pointed to growing adoption from financial firms, the Robinhood Chain launch, and improving macro conditions as reasons that Ethereum price may be entering a new cycle.

Bitcoin price holds, Ethereum price climbs, and the CLARITY Act could change crypto forever. Here's what traders are watching.
Bitmine, Arkham

Not just the talk, Tom Lee’s firm, Bitmine, now holds 5.74 million ETH, or about 4.8% of the total supply, and plans to increase that stake. Agreeing with Lee,Ethereum whales also bought another $20.6 million worth of ETH even after several days of exchange outflows.

But that’s not all, ETH network development has also stayed active. The Ethereum Foundation confirmed one of its AI agents detected a validator crashing bug before human researchers verified the issue. A separate Cambridge study found Ethereum’s shift to Proof of Stake reduced electricity consumption by more than 99.9%, strengthening its case among institutions focused on sustainability.

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So, with all that news, what should we be expecting this week?

The next few days could prove important for the market. We are watching the CLARITY Act for signs of regulatory progress while tracking institutional buying across both major coins. If those trends continue, Bitcoin and Ethereum price could build on their recent resilience. For now, the move out of stablecoins looks less like an exit from crypto and more like traders rotating into assets with higher upside, while the Ethereum price keeps finding support from long-term buyers.

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The post Crypto News, July 13: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm appeared first on Cryptonews.

Crypto News, July 10: Regulation Overtakes Geopolitics as Bitcoin and Ethereum Price Hold Firm

10 July 2026 at 05:03

For us, who spent the past month glued to oil charts, the screens have changed. Now we’re refreshing congressional calendars instead. Crypto regulation, not missiles nor crude price, is becoming the biggest talking point as Bitcoin and Ethereum price continue to hold steady. Policy has become the market’s new obsession.

The U.S. approach to crypto regulation may finally be shifting.

Senator Cynthia Lummis says the CLARITY Act is designed to replace years of regulatory uncertainty with clear rules for digital assets.

If it becomes law, it could give institutions more confidence to build in the… pic.twitter.com/0FbqK7khYo

— Kyren (@noBScrypto) July 9, 2026

Although Middle East headlines still grab attention, crypto is now spending more time debating legislation, SEC guidance, and CFTC oversight. For now, politics in Washington seems to matter more than politics in the Gulf.

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Bitcoin Price Holds Up as Markets Await Policy Clarity

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Bitcoin price is holding at the mid-$63,000 range after recovering from June’s selloff. Softer U.S. economic data and easing energy prices have helped improve risk sentiment, while ETF flows remain mixed. Buyers continue stepping in on dips, as institutions remain willing to accumulate despite short-term uncertainty.

Attention is already turning to upcoming inflation data and the Federal Reserve’s next meeting. A cooler CPI reading could give the Bitcoin price another push, but many traders believe Washington will ultimately have the bigger say.

That is because crypto regulation is moving unusually fast. Congress continues debating the CLARITY Act, while regulators are working toward clearer rules on digital assets after years of uncertainty. The SEC and CFTC have already issued joint guidance aimed at defining how crypto assets should be treated under federal law.

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Ethereum Price Finds Support Beyond ETF Headlines

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Ethereum price remains under pressure compared with earlier this year, but the network itself grows. Layer 2 activity, tokenized assets, and decentralized finance are all expanding even while ETH trades sideways.

ETF flows have swung between inflows and outflows, yet developers have largely ignored the day-to-day noise. Instead, they remain focused on scaling Ethereum and attracting more onchain activity. It is not exactly headline-grabbing, but builders rarely care whether traders are having a good week.

Crypto regulation has overtaken geopolitics as the market catalyst, with Bitcoin and Ethereum price holding steady ahead of policy decisions.

Robinhood Chain may not move the Ethereum price overnight, but it could quietly strengthen the network over time. Built as an Ethereum Layer 2 using Arbitrum Orbit, the chain settles transactions back to Ethereum and uses ETH for gas. This brings activity and ultimately feeds into Ethereum’s ecosystem.

The Ethereum price could also benefit if lawmakers deliver clearer rules for decentralized finance. Several industry groups continue urging regulators to create frameworks tailored to DeFi instead of squeezing it into decades-old financial rules. It’s looking bright for Ethereum price.

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Crypto Regulation Is the Market’s New Catalyst

The biggest shift is psychological. A few weeks ago, people jumped at every geopolitical headline. Now they are dissecting committee schedules, regulatory guidance, and draft legislation with the same intensity.

That helps explain why Bitcoin and Ethereum price have held relatively resilient despite ongoing global tensions. Investors increasingly believe clearer rules could encourage fresh institutional capital, especially if Congress finally delivers long-awaited market structure legislation.

🚨LAWMAKERS PREPARING REVISED CLARITY ACT FOR POSSIBLE INTRODUCTION NEXT WEEK!

U.S. negotiators are working on a new or updated version of the Digital Asset Market Clarity Act, which could be introduced as soon as next week, CoinDesk reports.

This comes as Congress returns from… pic.twitter.com/rYp5feGoM8

— Crypto Banter (@crypto_banter) July 9, 2026

It’s becoming more obvious now, crypto regulation has replaced geopolitics as market’s conversation, and both the Bitcoin and Ethereum price are taking their cues from Washington more than the latest oil headline.

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Crypto News, July 9: Iran Market Fears Fade as Bitcoin and Ethereum Price Shrug Off Another Panic

9 July 2026 at 04:47

Fresh Iran headlines sent us scrambling last night, but the panic did not last. Markets, especially Bitcoin and Ethereum price, sold off after new geopolitical developments, only to reverse within hours once the narrative changed. Bitcoin price bounced sharply from the lows, while Ethereum held relatively steady, as many expected.

The first reaction was predictable as traders dumped crypto, oil jumped, and stocks went lower. For a moment, it looked like another geopolitical shock would drag the market into a deeper correction. Instead, buyers showed up almost immediately, refusing to let the bears gain momentum.

BREAKING: President Trump says Iran called him and “they want to make a deal so badly.”

US stock market futures turn green on the news. pic.twitter.com/1MkYnxxkCK

— The Kobeissi Letter (@KobeissiLetter) July 9, 2026

By this morning, the fear had mostly disappeared, with Bitcoin recovered most of its losses, and Ethereum barely lost its footing. It was another classic whipsaw that punished emotional trading more than anything else.

The latest Iran headlines looked scary enough to spark a classic risk-off move. Oil climbed, stocks weakened, and the Bitcoin price slipped as traders rushed to reduce exposure. The Ethereum price also moved lower but avoided the heavier selling that hit Bitcoin during the first wave.

Then the market did what it does best. It flipped. Reports that Iran was willing to return to negotiations erased much of the fear within hours. Bitcoin ripped higher, Ethereum stabilized, and anyone who panicked sold was suddenly chasing prices instead. Headlines may move markets, but they rarely stay in control for long.

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Bitcoin Price Refuses to Stay Down

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Bitcoin price once again proved why betting against it after a headline-driven selloff is rarely an easy trade. Buyers defend support and erased most of the decline. In the end, bulls pushed the market back into familiar territory.

That recovery came despite spot Bitcoin ETFs recording $84 million in net outflows, ending a three-day buying streak. Normally, that would weigh on sentiment, yet Bitcoin ignored the script. It has built a habit of frustrating traders who expect every negative headline to become a lasting trend.

Fresh Iran news sent us scrambling last night, but the panic did not last. Bitcoin and Ethereum price reversed within hours. Why?
ETF Flow, Coinglass

Regulators also stayed busy as Europe continued reviewing crypto rules under MiCA, the United States pushed stablecoin legislation forward, and India’s central bank repeated its call for tighter restrictions. None of those developments mattered as much as the market’s ability to shrug off another wave of geopolitical fear.

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Ethereum Price Fights Bears

Ethereum is in a tight price range while the rest of the market bounced around. It did not match Bitcoin’s rebound, but it also avoided a meaningful breakdown. On a day dominated by uncertainty, it surprisingly stays steady.

However, the chart is still flashing warning signs. A weekly death cross has formed, convincing the bears after months of weakness. Momentum indicators remain soft, and another move lower cannot be ruled out if sellers regain control. Even so, experienced traders know those signals often appear near the end of a downtrend.

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Outside the charts, the crypto industry kept moving. AscendEX confirmed it is winding down operations, tokenized equities continued gaining traction, and lawmakers debated fresh crypto legislation. In the end, Bitcoin price erased most of its losses, the Ethereum price held key support, and the latest Iran drama faded almost as quickly as it appeared.

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Bitcoin 21M Cap Under Fire From Zcash Founder

8 July 2026 at 11:15

Eli Ben-Sasson, Zcash founder and and CEO of StarkWare, the company behind Ethereum Layer 2 scaling solution Starknet, publicly argued that Bitcoin 21 million supply cap “doesn’t make sense.” He is also proposing instead that the network adopt a hard ceiling on the annual issuance rate.

Ben-Sasson’s core argument centers on key loss. Because private keys are permanently lost over time, the coins attached to those keys remain on the ledger but fall out of practical circulation, making the usable supply unknowable and trending downward. His proposed fix: replace the fixed total-coin ceiling with a fixed inflation rate ceiling. His specific figure was 4% per year, which he described as “a reasonable upper bound on human population expansion.”

Capping the supply of Bitcoin at 21M doesn't make sense. Beacuse over time, keys will be lost. In fact, as time goes to infinity, all keys will be lost.

I strongly support a clear monetary policy with an absolute upper bound on the # of Bitcoins in the future. Say, fix a max…

— Eli Ben-Sasson | Starknet.io (@EliBenSasson) July 7, 2026

The shift is from capping the stock of coins to capping the annual flow of new issuance, a distinction that sounds technical but carries enormous structural implications for every holder who priced Bitcoin’s scarcity into their position.

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Zcash Co-Founder Right about Bitcoin?

Alongside the lost-key argument, the Zcash co-founder, Ben-Sasson, flagged Bitcoin miner security as a compounding concern. The block reward currently stands at 3.125 BTC following the April 2024 halving, and it will continue to decline on schedule, eventually reaching zero around 2140. As the subsidy shrinks, miners depend increasingly on transaction fee revenue to stay economically viable, and a network that cannot sustain miner participation becomes progressively more vulnerable to attack. Ben-Sasson described this risk as “looming large on the horizon.”

StarkWare's Eli Ben-Sasson says Bitcoin's 21 million supply cap is flawed and wants a 4% inflation rate ceiling instead. But...

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This part of the argument has genuine traction among protocol researchers, independent of whether one accepts the rest of Ben-Sasson’s thesis. Bitcoin’s long-run security model is a real open question – the assumption that fee revenue will fully compensate for the disappearing block reward is unproven at scale. Raising that issue does not require agreeing that the supply cap should change.

The lost-coin case is harder to quantify precisely. We estimated the effective circulating cap at roughly 18.5 million BTC once permanently inaccessible coins are excluded, with Ledger placing lost supply as high as 4 million BTC as of late 2024. Approximately 19.9 million BTC have already been mined, or around 95% of the eventual total, leaving only about 1.1 million BTC remaining to be issued over the next century-plus. The attrition from key loss is real.

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This Won’t Go Nowhere

The governance math is unambiguous. Changing Bitcoin’s supply cap would require a Bitcoin Improvement Proposal, new client software, and adoption by miners, nodes, and users. Approximately 97% of Bitcoin nodes currently enforce the existing supply schedule. A cap change is not technically impossible, but a fork that dilutes scarcity would split the chain and likely destroy much of the value it was ostensibly trying to preserve. The debate around Bitcoin’s role as a strategic reserve asset makes any hint of supply flexibility even more politically toxic in the current environment.

The community’s divisibility counterargument is also worth understanding precisely. Bitcoin’s 21 million coins subdivide into 2.1 quadrillion satoshis, providing more than enough unit granularity to accommodate adoption at any realistic price level. Ben-Sasson’s rebuttal, that “satoshis would also trend toward zero in absolute terms if key loss continues indefinitely,” is technically correct but operates on a timescale measured in centuries, not trading horizons.

This is a terrible idea. The fact that you can think of changing a protocol built around scarcity and decentralization. Once one major change like this is made then others will come on in and do the same. You're destroying the idea of what Bitcoin set out to be .Why don't you…

— Angel Akiyta (@AngelAkiyta) July 7, 2026

What makes Ben-Sasson’s intervention notable is not its probability of success. It has none. What matters is who is raising the argument and why: a prominent ZK-proof technologist with credibility in the Ethereum ecosystem, citing miner security degradation as the mechanism that could eventually force the conversation.

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Crypto News, July 8: U.S. Strikes Iran Again, Ethereum Price Wobbles After Bitcoin Spot Sell-Off

8 July 2026 at 03:53

Crypto markets woke up to fresh news as U.S. strikes hit Iran again. The Bitcoin price is stuck chopping between $62,000 and $64,500 after rejecting its recent push near $64,500. Ethereum is feeling the heat too, while the Iran strike sends oil price to the sky and risks appetite lower. July’s earlier gains are now looking shaky.

BREAKING: US announces it has hit over 80 targets with precision munitions in tonight's strikes on Iran, including more than 60 IRGC speed boats in and near the Strait of Hormuz, per CENTCOM.

US strikes also targeted Iranian air defense systems, command and control networks,… pic.twitter.com/bUEkJGo374

— The Hormuz Letter (@HormuzLetter) July 8, 2026

Now, does crypto remain tied to geopolitics? Higher Japanese bond yields are also spilling into U.S. rates, adding more pressure on risk assets. Yet while macro headlines dominate the crypto news, corporate players are moving in opposite directions.

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Iran Strike Sends Oil Higher as Bitcoin Price Turns Choppy

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Today’s Iran strike is sending oil through the roof and is hitting crypto hard. Bitcoin price is struggling to hold ground, and Ethereum is moving in tandem with market fear. In the past months, when oil spikes and yields rise, crypto is the first to bleed.

Still, this isn’t 2022; institutional infrastructure is stronger, and corporate balance sheets are actively participating. We still remember that since the big October crash last year, Bitcoin price has been lackluster. It briefly tested higher levels in July but failed to sustain momentum. Weak spot demand and falling open interest are making it look fragile. Some analysts even warn that they feel cautious about the near-term outlook.

WINTERMUTE SAYS $BTC RALLY IS JUST A RELIEF BOUNCE, NOT A TRUE BULL MARKET

— The Wolf Of All Streets (@scottmelker) July 7, 2026

At the same time, Strategy has been selling Bitcoin aggressively, including a $216 million tranche recently. This shift from major accumulator to seller has caught attention, though markets have mostly shrugged it off so far.

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Ethereum Price Holds Up Better as Bitmine Keeps Buying

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Ethereum price may be soft on the surface, but on-chain activity is looking way better. Tom Lee’s Bitmine just bought another 40,000 ETH worth $71.6 million from FalconX and Kraken 11 hours ago. This follows their 42,000 ETH purchase last week as they continue pushing toward 5% of total supply.

Tom Lee(@fundstrat)'s #Bitmine bought another 40,000 $ETH($71.6M) from #FalconX and #Kraken 11 hours ago.https://t.co/sHMfyAQlqNhttps://t.co/aXRJntgZlP pic.twitter.com/ClIjRIwwKx

— Lookonchain (@lookonchain) July 8, 2026

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As of today, Bitmine’s steady accumulation stands in sharp contrast to Strategy’s selling. Tom Lee has previously described that Saylor’s move is a “classic bottom behavior.”

Not all are looking bad this time around. Japan’s weakening yen is also driving local companies to buy Bitcoin and XRP for treasury diversification. Daily ETF flows have started turning positive again after earlier outflows. Major institutions are staffing up, too. Vanguard is hunting for a digital assets chief, and Solana just hired a former Twitter security executive as CISO.

The Iran strike is striking crypto, but it would eventually move off the front page. When it does, Bitcoin and Ethereum price will be supported by the same quiet accumulation that’s been happening while everyone else is distracted by oil and yields.

Bitmine isn’t buying because conditions are perfect, and corporate demand from Japan and returning ETF inflows are cementing a hard floor.

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FBI Director Kash Patel Undisclosed Strategy Investment Raises Conflict-of-Interest Questions

2 July 2026 at 10:12

FBI Director Kash Patel purchased between $100,001 and $250,000 worth of Strategy stock on November 21, 2025, and did not disclose the transaction until May 26, 2026. It is a gap of more than six months against the STOCK Act’s 45-day reporting requirement.

Why is it being questioned? The delay would be a routine compliance footnote if Strategy were an ordinary holding, but the company sits at the intersection of federal law enforcement, an active DOJ contracting relationship, and the world’s largest publicly listed Bitcoin treasury.

FBI Director Kash Patel disclosed a $100,001 to $250,000 Strategy stock purchase six months late, in an amended ethics filing.

Patel bought the shares on November 21 and filed the correction on May 26, calling the delay an inadvertent omission; the STOCK Act sets a 45-day… pic.twitter.com/bKCSPZmJSx

— MSB Intel (@MSBIntel) July 2, 2026

According to federal financial records reviewed by NOTUS, Patel explained the omission in a letter to the Office of Government Ethics, saying the transaction had been “inadvertently omitted” from an earlier filing. Two days later, Deputy Assistant Attorney General William Taylor attributed the delay to a miscommunication and stated that Patel remains in compliance with federal conflict-of-interest rules and that the stock purchase does not create a conflict with his duties as FBI director.

As of today, it is understood that DOJ ethics officials subsequently approved the corrected paperwork.

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Kash Patel Under Scrutiny: A $200 Fine, Unenforced, and the Ethics Watchdog Response

Dylan Hedtler-Gaudette, acting vice president of the Project on Government Oversight, said: “Patel’s filing was clearly submitted after the legal deadline, calling it a violation of the STOCK Act.” The law sets a $200 civil penalty for first-time violations by senior executive branch officials, a figure that has drawn sustained criticism for being too low to deter. Although the Department of Justice has not issued any fine against Patel.

The procedural lapse is not isolated. According to NOTUS, more than 30 members of Congress have also filed late crypto disclosure and stock-trading reports under the STOCK Act over the past year. The nominal penalty structure makes voluntary compliance the primary mechanism, which is precisely why watchdog groups argue the existing framework is structurally inadequate for senior law-enforcement officials.

The pattern of senior government officials navigating financial disclosure rules around crypto-linked assets has added political weight to calls for tighter enforcement.

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Why Strategy Makes This a Crypto Market Issue, Not Just an FBI Compliance Story

Strategy, the company formerly known as MicroStrategy, trading under the ticker MSTR, is a Bitcoin Treasury Company and holds 847,363 BTC, a position currently valued at more than $50 billion. That concentration makes MSTR’s equity performance tightly correlated to Bitcoin price action, meaning Patel’s undisclosed position was, in practical terms, a leveraged directional bet on Bitcoin made by the director of the agency responsible for investigating cryptocurrency-related fraud.

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The conflict-of-interest question extends further. Strategy has secured millions of dollars in Department of Justice contracts over the past decade and continues to hold active federal business relationships. The FBI operates under the DOJ and routinely investigates crypto investment fraud, digital asset scams, and illicit blockchain activity.

Patel has publicly amplified the FBI’s crypto enforcement actions in recent months, including posts about major Bitcoin seizures and actions against fraud networks. Understanding the macro conditions that govern Bitcoin’s price trajectory through central bank liquidity cycles makes it clear why a senior official’s directional bet on MSTR is not a neutral financial decision.

DOJ ethics officials concluded the investment does not present a conflict of interest. Watchdog groups argue the opposite: that holding shares in a company with ongoing government contracts, particularly one whose core asset is under active federal law-enforcement scrutiny. It creates the appearance of a conflict regardless of intent.

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Crypto News, July 2: Circle USDC Hit by Blackrock and Ripple XRP Backed OUSD, Bitcoin and Ethereum Price Recovering

2 July 2026 at 05:57

Market do what market does, crypto is looking slightly better after taking a few beatings last month. Price is grinding higher despites few unsupporting metrics, institutions are still panic-selling while whales and corporations quietly feast at the lows. The Bitcoin price just reclaimed $60,000 after a 21-month low of $58K, and the Ethereum price tagged $1,600 in the bounce.

Meanwhile, Blackrock is leading another ETF exodus, and a fresh OUSD stablecoin is hammering Circle USDC. Trump’s $1.4 billion crypto windfall is still in the news as regulators reshuffle the deck.

The catalyst was Fed Chair Kevin Warsh. His take that inflation risks had eased flipped crypto and most risk assets higher and gave both majors the lift they needed after June’s bloodbath. Bitcoin price had dipped below $59K on heavy outflows before recovering, while Ethereum held $1,500 support and moved green alongside SOL and DOGE. Fear & Greed sits at Extreme Fear, but but market is looking better.

BREAKING: 🇺🇸 Fed Chair Kevin Warsh just spoke on a shared panel.

Here's what he said:

• U.S. is likely to be a big winner in AI

• New AI task forces coming

• AI jobs impact still uncertain

• Inflation still above target, risks have eased

• still have scars from 2008,… pic.twitter.com/VfiLUqIif2

— Crypto Rover (@cryptorover) July 1, 2026

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Bitcoin Price Reclaims $60K While Institutions Keep Selling

Bitcoin price recovery is unexpected as spot ETF outflows still printing in hundreds of million. Yesterday, Bitcoin ETFs posted a net $296 million outflow with Blackrock’s IBIT led with $219.4 million redeemed, Fidelity’s FBTC shed $51 million, and Grayscale’s GBTC lost $62.8 million.

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Why this month might be better? June closed as the worst month ever with $4.5 billion exiting the products. Institutions are de-risking hard even as BTC climbs. But on-chain data sees whales accumulated 270,000 BTC st $59K zone. It’s the largest single spike ever recorded, bigger than COVID or FTX bottoms. Long-term holders remain in strong accumulation mode.

Corporate buyers are also stepping up, besides Strategy, Metaplanet has added another 2,823 BTC worth $170 million, bringing its treasury to 43,000 BTC valued at north of $2.5 billion.

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Ethereum Price Reclaims $1,600 as Glamsterdam Approaches

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Ethereum price followed BTC higher and reclaimed the $1,600 level after touching multi-month lows $1,505 to start July. ETH has now suffered its first stretch of three consecutive red quarters but is holding the $1,500 support zone. Whale wallets in the 1K–10K ETH range are accumulating, even as active addresses have dropped sharply. It could be a sign retail has exited while bigger players position, which usually marks bottom.

Ethereum’s bigger catalyst still sits ahead as Glamsterdam remains in active development with Devnet-5 testing underway. Public testnet is targeted for July or August, with mainnet eyed for Q3 2026.

Key upgrades include EIP-7732 for Enshrined Proposer-Builder Separation to improve MEV fairness and EIP-7928 for Block-Level Access Lists that enable better parallel processing. Glamsterdam’s goals are higher L1 scalability, lower gas fees, and groundwork for higher throughput.

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Blackrock Fuels Outflow Frenzy as OUSD Hits Circle

Blackrock isn’t just selling Bitcoin exposure, it’s also backing the new OUSD stablecoin consortium alongside Visa, Mastercard, Coinbase, Stripe and over 140 other firms. Following it, Circle’s stock cratered 17% as the rival gains traction. As of now, Circle’s CEO is pushing back hard on network effects while yield experiments like MetaMask’s new yield-paying accounts heat up.

Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it.https://t.co/jqgDRs6mKf

— Open Standard (@openstandard) June 30, 2026

Also today, SCOTUS cleared Trump to fire SEC and CFTC chiefs, opening the door to major oversight changes. In Europe, MiCA’s grace period has ended, leaving Tether to abandon parts of the region. Not just USDT delistings, Binance is still reassuring users as Venga secured a MiCA license. For America, tt present, the CLARITY Act odds are sliding, but Trump is publicly pushing back against banks while the SEC keeps its comment window open on novel ETFs.

SCOTUS punts Fed independence question to future courts https://t.co/vLg4c8KZ3s

— Axios (@axios) June 30, 2026

The gap between scared institutions and aggressive whales plus corporates is the clearest bull signal in months. As Blackrock and ETF players keep selling, on-chain data shows the largest accumulation spike in history and treasury companies keep buying.

Bitcoin and Ethereum price looks increasingly constructive as Glamsterdam coming. Regulatory clarity is moving forward despite few tackles from banks, as whales positioning.

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Crypto News, July 1: Bitcoin Price Holds $59K as Ethereum Stays Steady on MiCA Day Zero

1 July 2026 at 06:29

Markets opened Q3 steadily, Bitcoin price is holding the $59K level, Ethereum shows strength at what could be the bottom, and MiCA full enforcement just hit with almost no fireworks. Crypto has been bracing for liquidity trouble as MiCA takes effect, especially with Binance among others thinning the liquidity.

The expected moves were obvious for months; Bitcoin price and Ethereum price were already baked in the changes, so the actual day zero passed quietly.

Bitcoin price is holding the $59K, Ethereum found what could be the bottom, and MiCA full enforcement just hit with almost no fireworks.

On the other side of the world, Trump’s latest financial filing has dropped. It showed over $1.4 billion in crypto earnings last year, with Bitcoin exposure in a healthy sum. This likely sends a signal that he’s not walking away from this space anytime soon.

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Bitcoin Price Holding Its Ground

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Although Bitcoin price took a hit from record ETF selling with $4.51 billion in outflows last month, or the worst since they launched, it has found support and has not broken lower. Some profit-taking and money rotating into AI stocks are some of the reasons that took the blame for the recent plunges.

As of today, the total ETF assets sit above $70 billion, so the selling looks more like a pause than a collapse. It’s not a good day for spot holders when US spot Bitcoin ETFs saw $4.51B in net outflows in June. However, it looks more like a temporary adjustment than a deeper pullback.

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Ethereum Price Stays Calm, MiCA Day Zero Passes Quietly

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Ethereum price traded flat around $1,570–$1,590, with no big swings even as MiCA rules were locked in today. The Ethereum Foundation has also just staked another 4,938 ETH worth close to $8 million on Lido. It shows they’re comfortable parking more capital in the staking system right when Europe tightens up, and foundation rebalancing is going on.

BREAKING: As of today, the most used dollar on earth cannot be bought or sold by a single European on a single licensed exchange.

It did not break. It refused to bend, and a 27-nation bloc decided that was enough.

That is Tether… pic.twitter.com/PUYV5d8A2N

— Shanaka Anslem Perera ⚡ (@shanaka86) June 30, 2026

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Ethereum price has been grinding along as MiCA full rules are live. Unlicensed platforms like Binance have now stopped serving EU users or shut down, with a lot of smaller operators already pulling back or moving. On top of that, UK investors filed a $200 million lawsuit against Binance and CZ over unauthorized derivatives sold to retail traders.

The MiCA shift and the Binance legal noise haven’t moved the market much. Liquidity concerns turned out lighter than expected, Trump’s big crypto profits, and the Ethereum Foundation’s fresh Lido stake tell that some are still bullish. Big players are still putting money to work instead of running for the exits.

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